The year-end cuts, also known as sequestration, would reduce defense spending next year by 9.4 percent and force nearly half a trillion dollars in cuts over the next decade. In Mississippi, more than 11,000 jobs are at risk. Nationwide, job losses could top 1 million.
And yet, President Obama continues to send conflicting signals about fixing the country's debt problem. Only two days after the President told the American public that sequestration would not happen, a recent interview with the Des Moines Register indicated he is willing to use the automatic budget cuts as political leverage. This lack of leadership from the White House stands in the way of viable solutions.